Menu

IoT FEATURE NEWS

Thiel Fellowship Shows College Could Delay One's Dreams

By

Eden Full Goh, founder of SunSaluter, a solar panel rotator design company, started her company at a young age because of The Thiel Fellowship. The fellowship gives $100,000 to young people who want to build new things instead of sitting in a college classroom.

In 2011, investor, entrepreneur, and Trump advisor Peter Thiel launched a program that awards $100,000 to promising young entrepreneurs who are willing to drop out of college to turn their bright ideas into real businesses. Dozens of technology prodigies have passed through the program, with mixed results. While plenty of Thiel fellows return to school after their two-year deployment in Silicon Valley, California, a few go on to create venture-backed startups worth millions.

“Thanks to the Thiel Fellowship, access to some of the nation’s most successful businesspeople is quick and easy,” said the New York Time.

Goh’s SunSaluter was her focus during the two-year program. SunSaluter is a low-cost, passive, single-axis solar panel rotator called a tracker. The SunSaluter boosts energy output by 30 percent by keeping a solar panel oriented towards the sun throughout the day. With improved efficiency, fewer solar panels are needed, and the overall cost per watt of solar energy is reduced. Conventional solar trackers use complex electronics, which make them more than 30 times as expensive and prone to failure. That's why solar trackers have never made sense for the developing world - until now. SunSaluter is now boosting solar electricity output in 18 countries in Asia and Africa.

Goh’s decision to go back to Princeton after the fellowship was on her own terms.

“I strategically picked only the classes I wanted to take, to give me the technical fluency I wanted and to minimize my time on campus,” said Goh. Ultimately, she did drop out again.




Edited by Ken Briodagh
SHARE THIS ARTICLE
Related Articles

MachineMetrics Announces $20M Series B Funding Round

By: Arti Loftus    6/17/2021

The growth of applications designed to further automate and optimize manufacturing operations continues unabated given the success of modernization pr…

Read More

New Statistics from The Eclipse Foundation Indicate that Edge Computing Adoption Continues to Boom

By: Matthew Vulpis    6/14/2021

The Eclipse Foundation, one of the world's largest open-source foundations, recently announced the availability of its 2021 IoT and Edge Commercial Ad…

Read More

An Edge Computing Breakup: Out with the Old, and In with the New

By: Special Guest    6/9/2021

When COVID-19 arrived in early 2020, enterprises' first priority was to patch together a communications and information-sharing infrastructure that co…

Read More

Cloud-Based Cellular Network Platform Challenger Monogoto Lands $11M in Funding

By: Arti Loftus    6/9/2021

Today, Monogoto, innovator, and developer of a secure, global cloud-based cellular network platform, announced they have closed a round including vent…

Read More

As Linux Foundation's Zephyr Project Turns Five, Addressing Constrained Device Challenges is More Important Than Ever

By: Arti Loftus    6/7/2021

Noting nearly 1,000 contributors, 50,000 commits building advanced support for multiple architectures including ARC, Arm, Intel, Nios, RISC-V, SPARC a…

Read More